LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares
LAIX
LAIX was delisted on the 7th of April, 2022.
7 hedge funds and large institutions have $39.3M invested in LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
19% less capital invested
Capital invested by funds: $48.3M → $39.3M (-$8.95M)
22% less funds holding
Funds holding: 9 → 7 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$201K |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$114K |
| 3 |
Renaissance Technologies
New York
|
-$104K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$14.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$5.22K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAA
1
TB Alternative Assets
Grand Cayman,
Cayman Islands
| $22M | – | – | – |
|
|
IACGFIA
2
IDG-Accel China Growth Fund III Associates
Hong Kong
| $12.3M | – | – | – |
|
|
CS
3
Credit Suisse
Zurich,
Switzerland
| $5.02M | +$1.37M | +21,014 | +29% |
|
|
4
Citadel Advisors
Miami,
Florida
| $45K | -$14.6K | -223 | -21% |
|
|
5
UBS Group
Zurich,
Switzerland
| $3K | -$5.22K | -80 | -56% |
|
6
Morgan Stanley
New York
| $2K | -$2.09K | -32 | -43% |
|
|
7
Millennium Management
New York
| – | -$201K | -2,952 | Closed |
|
|
OAM
8
Oxford Asset Management
Oxford,
United Kingdom
| – | -$114K | -1,676 | Closed |
|
|
9
Renaissance Technologies
New York
| – | -$104K | -1,521 | Closed |
|
10
Osaic Holdings
Scottsdale,
Arizona
| – | +$131 | +2 | New |
|
LAIX Hedge Fund Activity: Q1 2020 in Review
7 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares (LAIX) for Q1 2020, worth a combined $39.3M — down 19% from $48.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of LAIX and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Credit Suisse, adding an estimated $1.37M. The largest seller was Millennium Management, exiting entirely with an estimated $201K sold.
- 7 institutional investors held LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares (LAIX) as of Q1 2020, down from 9 in Q4 2019.
- Funds reported $39.3M of LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares stock for Q1 2020, down 19% quarter-over-quarter.
- 1 fund opened new LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares positions in Q1 2020 and 3 closed out, a net change of -2 holders.
- The largest LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares buyer in Q1 2020 was Credit Suisse, an estimated $1.37M added.
- The largest LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares seller in Q1 2020 was Millennium Management, an estimated $201K sold.
Based on aggregated 13F filings for Q1 2020.